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Superannuation

Apostle adds global LPTs

Apostle Asset Management is tapping into the growing institutional demand for global listed property trusts (LPTs) after it signed a distribution deal with US-based property specialist AEW Capital Management.

Tobacco shares up in smoke

MICHAEL HOBBS  |  TUESDAY, 23 OCT 2007
The New Zealand Superannuation Fund has stripped its portfolio of $37.6 million worth of tobacco shares after an environmental, social and governance (ESG) review of the fund's investments.

Frontier finds gold in sub-prime muck

Frontier Investment, an asset consultant that advises on $90 billion of super fund assets, sees the next six to 12 months as a "window of buying opportunity" of quality stocks unfairly tainted by the sub-prime crisis.

CFS awards $450m portable alpha mandate

CHRIS NICHOLLS  |  TUESDAY, 23 OCT 2007
Colonial First State's (CFS) FirstChoice platform has awarded Franklin Templeton Investments a A$450 million fixed income portable alpha mandate.

CBA links with German investment bank

CHRIS NICHOLLS  |  TUESDAY, 23 OCT 2007
The Commonwealth Bank has signed a reciprocal agreement with German investment bank Dresdner Kleinwort to provide Dresdner's corporate clients with banking services in Australia and vice versa.

Asset finance companies lose lending share

WWW.THESHEET.COM  |  MONDAY, 22 OCT 2007
Finance companies are losing market share in their biggest market segment, business lending, as the banks make an aggressive push for more SME and middle market business.

AFS tailors record profits

CHRIS NICHOLLS  |  MONDAY, 22 OCT 2007
Australian Financial Services Group (AFS) has announced they will end the year breaking all previous records.

ACT govt funds adopt sustainable investing

MICHAEL HOBBS  |  FRIDAY, 19 OCT 2007
The ACT Government's $1.4 billion Superannuation Provision Account investment portfolio is set to adopt the United Nations (UN) Principles for Responsible Investment and implement a risk-based approach to its investment decisions, following recommendations ...

The $10 million sustainable punt

The Local Government Superannuation Scheme (LGSS) continues to be the poster child for sustainable and responsible investing (SRI) after raking in $9.6 million in returns for members by shorting shares that didn't pass its SRI screen.

SPEC(Q) delivers electrifying returns

Super contributions and transfers into SPEC(Q), the super fund for people who work in Queensland's electro-technology sectors, has grown by over 40 per cent in 2006/07, at a time when the fund returned double-digit returns in the fourth consecutive year.